Gan&Lee Pharmaceuticals. Posted 134.2 Million Yuan Net Profit in First Half of 2023

Gan&Lee Pharmaceuticals. (甘李药业股份有限公司) (603087.SH) reported a net profit of 134.2 million yuan in the first half of 2023, reversing a net loss of 197.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 47.3% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 9.2%.